Friday, July 17, 2009

IDX lost 2.2% on bombings

IDX Composite Index lost 2.3% this morning as investors worried about security after nine people killed in the bomb explosions at two 5-star hotels, JW Marriott and Ritz Carlton, both located at Jakarta's business district.
Most blue chip stocks declined led by PGAS with 2.9%, Kalbe Farma -2.9%, Bumi Resources -2.1%, United Tractors -2.3%, BCA -2.6%, BRI -2.2%, and Astra Agro Lestari -2.1%.
Rupiah declined slightly to Rp10180 per USD this morning. 
Government officers announced nine people killed and over 52 people injured in the explosions, reportedly from high explosive materials.
Another explosion in Muara Angke toll road killed two persons. It is not clear whether it is a bomb explosion or not. Jakarta Police said it's not a bomb.   

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